Bike Insurance in Mangalore

Why is having a Bike Insurance Policy Essential in Mangalore?

Having a proper bike insurance policy is not only a legal requirement in Mangalore but it can also help you in reducing your financial strain if you encounter any sudden risks. Here are a few reasons why you must buy a bike insurance policy:

1. High Rate of Accidents

   Mangalore registers more than 1,000 road accidents each year, with most of these incidents involving two-wheeler riders. These figures clearly indicate the considerable danger two-wheeler riders have in the city.

2. Damaged Roads

   Mangalore is prone is heavy rains especially in the monsoon season. As a result, the city roads often get damaged and develop potholes. The authorities often identify damaged roads and advise two-wheelers to use alternate routes to decrease the risk of accidents.

3. Vehicle Damage due to Flooding

   Flooding is a common issue in some low-lying areas in the city. This is a unavoidable scenario in the monsoon season. Many vehicles, including two-wheelers, get damaged due to water ingression. In this situation, having a suitable bike insurance policy will help you recover your two-wheeler's repair expenses.

4. Legal Requirement

   Having a valid two-wheeler insurance policy is a mandatory under Indian motor laws. You must buy a policy that suits your coverage needs and you from financial losses in the event of accidents, theft, or damage.

Finding the Right Bike Insurance Policy in Mangalore

You need to consider the following factors when searching for a suitable two-wheeler insurance policy in Mangalore:

1. Evaluate the Insurer's Reputation: Before buying your bike insurance policy, you must go through different online forums to assess the insurer's reputation and reliability. Read the customer reviews to understand which insurer can be trusted to provide you with the necessary assistance when you require it.
2. Understand Policy Exclusions: A two-wheeler insurance policy's coverage can vary from one insurer to another. Therefore, you must read the policy terms clearly before buying it.
3. Check for Discounts: Look for insurers who are offering considerable discounts on their bike insurance policies. A few insurers offer special discounts for their websites while others offer additional discounts for safety accessories or anti-theft devices.
4. Check Renewal Flexibility: Choose an insurer that offers easy online renewal options and renewal reminders. These features will help you to retain your coverage without the risk of any gaps and makes long-term policy management easier.

How to Compare Bike Insurance Policies in Mangalore?

You must evaluate different policies to understand their differences in coverage, prices, and benefits. This comparison will help you select an appropriate two-wheeler insurance policy that meets your coverage needs and fits in your budget. You can use the following pointers to compare various two-wheeler policies:

1. Number of Cashless Garages: Check which insurer has a strong network of authorised cashless garages in and around Mangalore. This will ensure that you receive quick assistance and access to cashless repair facilities in times of an emergency.
2. Availability of Relevant Add-ons: If you are particular about enhancing your policy coverage with specific add-ons like accessories cover, helmet cover, etc., you must check which insurer is offering them.
3. Check the Claim Settlement Process: You must check how simple and fast the claim process is among different bike insurance providers. It is a good idea to choose a policy from an insurance who offers quick claim processing to get quicker payouts.
4. Policy Exclusions and Limitations: Before buying your bike insurance policy in Mangalore, you must carefully compare the exclusions, deductibles, and policy terms to understand its coverage scope. This detailed analysis will help you understand what policy offers.
5. Evaluate the Premium Costs: It is not advisable to choose a low-cost bike insurance policy. You must compare the policy coverage against the premium price to ensure you are getting the protection you need.

Which Type of Bike Insurance Policy is Ideal in Mangalore?

Given that Mangalore experiences significant rainfall and is susceptible to flooding, buying an own-damage bike insurance policy is a wise choice. This policy provides financial cover in case your bike incurs damages due to an accident, natural disaster, or theft. If you want, you can boost your policy coverage with optional add-ons. Here are some popular options:

1. Tyre protect cover

   If your bike tyres are damaged due to a covered reason, this add-on covers the cost of their replacement as per the policy terms.

2. Consumables cover

   This add-on will cover the replacement cost of minor consumables like nuts, bolts, lubricant, engine oil, etc., if they need to replaced during your bike's repair.

3. Engine protection cover

   If your bike's engine is damaged due to any covered reason, such as water ingression, oil leakage, or accidental damage, this add-on will cover its repair or replacement costs.

How to Buy Bike Insurance Online in Mangalore?

You can buy a bike insurance policy from Policybazaar.com by using these steps:

• Step 1: Visit Policybazaar.com. Tap 'Two-wheeler Insurance'.
• Step 2: Enter your two-wheeler's RC number and tap 'View Prices'. If you are buying a new bike, click 'Purchasing a New Bike?'
• Step 3: Choose your two-wheeler's make, model, and RTO. Type your mobile number and tap 'Submit'.
• Step 4: You can see many bike insurance policies on your screen. Select a policy that meets your needs and click 'Buy Now'. You can also include optional add-ons to your policy at this point.
• Step 5: Fill in the required details and complete the payment online.

You will receive your Mangalore bike insurance policy documents in your email after your payment is processed.

Challan for not having a Valid Bike Insurance Policy in Mangalore

Driving without a valid two-wheeler policy is a traffic offence in Mangalore as per the regulations of the Motor Vehicles Act, 1988. Traffic authorities will levy a traffic challan of ₹2,000 on you for a first offence, along with a three-month jail term. However, if you commit the offence again, authorities will require you to pay a penalty of ₹4,000 and serve a three-month prison term.